its on again, page-24

Yellow Ribbons,

I believe he asked for an opinion on whether or not the $7-50 was a support line.

I believe i answered him and so has the market if you look at dates and plot some of the analysis i plotted.

No charting will predict a share price, but it can predict the past can't it - (rhet.)

And in saying that, its clear that history dioesnt support your comments on my analysis...I 'predicted the past' with the charts and the support lines were there (as explained if you take the time to use hindsight as your main tool in charting or if you understand them at all).
BTW, on the day i posted the Tech Analysis, the chart did offer me directional/momentum and money influx advice which guides where the price might be going and i voiced that.
It so happens that the price went within 2 cents of my prediction, which was done off my own bat via insight and rationale. It went to $8-48 and i thought it had a chance of hitting $8-50, so again, you can't change the past, thats what happened based on my analysis. This contradicts your claim that no charting will predict the future...or perhaps its the chartists success and not the charts?
Have you considered that its what they do with the charts that gives the edge for some analysts?
And so too with fundamental analysis, which can also be a very wrong indicator.
Often its about how the reader bounces off the charts/fundamentals that makes them get their decision so wrong!
And likewise, often for the same reason the reader gets it right.
Saying one works and the other doesn't sounds a little naive to me...

Good luck with your own techniques for anticipating a shares behaviour ;-)

Cheers

L

Cheers

L